Preference

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Preference

Refers to over-the-counter trading. Selection of a dealer to handle a trade despite the dealer's market not being the best available. Often the "preferenced dealer" will then move his market in line.

Preference

The practice of executing trades and other transactions by means other than the open market. For example, if one needs roofing repairs on one's house, one may select one's brother's roofing business even if it is more expensive. In securities, preference often occurs in over-the-counter trades, especially within a brokerage. Preference can, but does not always, lead to economic inefficiency.

preference

The practice of matching customers' buy and sell orders away from the primary exchange. Preferencing is opposed by the New York Stock Exchange because it claims the practice unfairly benefits brokerage firms and doesn't give customer orders the chance to see other customer orders in a public market. Compare in-house trade.
References in periodicals archive ?
The distribution of preferential rents across New York City was a mystery until now because the state's (http://www.
needs to certify that the money raised has not been transferred back to the preferential allottees, promoters or directors, directly or indirectly, BSE said.
50 Tax on $5,000 preferential income at 0% (falls in 15% bracket) 0 Tax on $70,000 preferential income at 15% (falls in 25% bracket) 10.
Following the exercises of preferential rights, the company's 2013 cash flows and capital expenditures are both expected to go down by 1.
Post-Sherwood, a California assignee for the benefit of creditors will refrain from filing a preferential transfer action in a California federal court, because the court would have no choice but to apply Sherwood and dismiss the action.
A 357-person sample was surveyed online to assess their level of preferential treatment in the workplace.
One more country needs to ratify the rules of origin agreement to complete the legal basis of the preferential trade agreement.
Global Banking News-February 22, 2011--Indian banks plan preferential share sale to government(C)2011 ENPublishing - http://www.
Annual travel insurance takes the hassle out of remembering to buy a policy before every trip and as Preferential Direct provides annual cover to Europe from just pounds 30 and worldwide from pounds 55, you could save money too.
Advocate General Bot's said Thursday in an opinion in Case C-386/08 before Court of Justice of the European Communities, that products originating from the Occupied Palestinian Territory (OPT) are not entitled to preferential customs treatment under the EC-Israel Agreement<p>"The Community customs authorities must refuse to recognise the Israeli origin of those products," he added.
To search for endogenous estrogens that may have preferential binding affinity for human estrogen receptor (ER) alpha or beta subtype and also to gain insights into the structural determinants favoring differential subtype binding, we studied the binding affinities of 74 natural or synthetic estrogens, including more than 50 steroidal analogs of estradiol-17beta (E2) and estrone (E1) for human ER alpha and ER beta.
12, 2009 (CENS) -- In view of the gradual upturn of the housing market, the Council for Economic Planning and Development (CEPD) has preliminarily decided to suggest the Executive Yuan (the Cabinet) discontinue the NT$200 billion preferential housing-loan program and replace it with mortgages for victims of typhoon Morakot and low- and medium-income households.